Eavor Technologies Inc.

World's first scalable form of clean, baseload, dispatchable energy.

Founded 2017 Canada

Calgary, Canada 79 employees Debt Financing Total: $580.98M Energy, Renewable Energy +1

General Information

Company Name Eavor Technologies Inc.

Founded Year 2017

Location

Calgary, Canada

Employees 79

Industries Energy, Renewable Energy, Clean Energy

Funding Stage Debt Financing

Business Model B2B, B2G

Revenue Model Project Based, Service Fee, Licensing

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Eavor Technologies Inc. Alternatives

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About Eavor Technologies Inc.

Eavor Technologies Inc., based in Canada, is pioneering a transformative shift in the clean energy sector. Founded in 2017, this innovative company has introduced the world to Eavor-Loop™, a groundbreaking geothermal power generation technology. By employing existing commercial components in a novel configuration, Eavor has successfully tackled the traditional barriers faced by geothermal energy, offering a scalable and reliable source of green power.

Positioned within the Energy, Renewable Energy, and Clean Energy industries, Eavor stands out with its ability to provide a steady baseload of dispatchable energy. This unique positioning aligns with its slogan, "World's first scalable form of clean, baseload, dispatchable energy."

Strategically backed by a €130 million Debt Financing investment dated 02 May 2024, Eavor has garnered the trust of prominent financial institutions including Mizuho Bank, Japan Bank for International Cooperation, ING Bank, and the European Investment Bank. This support underscores investor confidence in Eavor's potential to redefine the renewable energy landscape.

Business keywords: clean energy, geothermal technology, Eavor-Loop, carbon-neutral, baseload power, scalable energy, drilling technology, heat-to-power generation, energy innovation, dispatchable energy, green power generation, advanced drilling, energy technology

Services & Products

Geothermal Energy Solutions

Eavor-Loop Technology Development

Renewable Heat and Power Generation

Geothermal Project Development and Management

Target Customers

Energy Utilities Large Corporations Seeking Energy Solutions Government Energy Departments Sustainable Developers Investors in Clean Energy Technologies

Funding Rounds & Investors (15)

View All

Funding Stage	Amount	Investors	Lead Investors	Date
Debt Financing	€130.00M	4	Mizuho Bank, Japan Bank for International Cooperation +2	02 May 2024
Series B	$182.00M	10	Vickers Venture Partners, Temasek Holdings +8	25 Oct 2023
Series B	$80.00M	4	BP Ventures, Vickers Venture Partners +2	14 Jun 2023
Grant	€91.60M	1	The European Innovation Fund	09 Mar 2023
Venture Round	$10.00M	1	BP Ventures	30 Jan 2023
Venture Round	Undisclosed	2	BDC Venture Capital, BDC Capital Cleantech Practice	01 Jan 2022
Grant	$4.30M	1	Sustainable Development Technology Canada	11 Aug 2021
Venture Round	$50.70M	6	BP Ventures, Vickers Venture Partners +4	16 Feb 2021
Non Equity Assistance	Undisclosed	1	Leading Cities	01 Jun 2020
Series A	$15.00M	1	Vickers Venture Partners	25 Sep 2019

View All 15 Funding Rounds

Eavor Technologies Inc. Alternatives & Competitors

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Eavor Technologies Inc. vs

GreenFire Energy Inc United States

Unlocking premium power for the industries that need it most by matching technology to geology.

Series A

24 employees

Energy, Renewable Energy

Compare Eavor Technologies Inc. vs GreenFire Energy Inc

Eavor Technologies Inc. vs

Quaise Energy United States

Unlocking the true power of superhot geothermal energy

Series B

71 employees

Energy, Industrial

Compare Eavor Technologies Inc. vs Quaise Energy

Eavor Technologies Inc. vs

GeoSolar Technologies United States

Smart, green technology for a carbon-free home.

Seed

4 employees

Renewable Energy, Clean Energy

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FAQ About Eavor Technologies Inc.

World's first scalable form of clean, baseload, dispatchable energy.

Eavor Technologies Inc. was founded in 2017.

Eavor Technologies Inc. is headquartered in Calgary, Canada.

Eavor Technologies Inc. operates in Energy, Renewable Energy and Clean Energy. Its work centres on clean energy, geothermal technology, Eavor-Loop and carbon-neutral. Its customers include Energy Utilities, Large Corporations Seeking Energy Solutions and Government Energy Departments.

Eavor Technologies Inc. has a B2B and B2G business model. Its revenue comes from Project Based, Service Fee and Licensing.

Eavor Technologies Inc. has approximately 79 employees.

Eavor Technologies Inc. has completed 15 funding rounds, raising a total of $580.98M. The latest funding stage is Debt Financing.

Eavor Technologies Inc. offers: Geothermal Energy Solutions, Eavor-Loop Technology Development, Renewable Heat and Power Generation, Geothermal Project Development and Management.

Top alternatives and competitors to Eavor Technologies Inc. include GreenFire Energy Inc, Quaise Energy, GeoSolar Technologies, 247Solar, Inc, X-energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Eavor Technologies Inc. and GreenFire Energy Inc are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Eavor Technologies Inc., https://bouncewatch.com/company/eavor-technologies-inc, updated 9 June 2026. When citing, please name BounceWatch and link this page.